Haryana IDFC First Bank Fraud: Jeweller Arrested as 12th Accused

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Jeweller arrested in IDFC First Bank fraud; 12th arrest in Rs 590 Cr scam

Representational image (Image: News18)

N

News18•14-03-2026, 23:15

Jeweller arrested in IDFC First Bank fraud; 12th arrest in Rs 590 Cr scam

•Rajan Katodia, owner of Sawan Jewellers, arrested in IDFC First Bank fraud case in Haryana.
•This marks the 12th arrest in the Rs 590 crore scam involving Haryana government accounts.
•Sawan Jewellers received over Rs 250 crore from companies linked to other accused, transferred illegally from government accounts.
•Katodia allegedly facilitated illegal cash conversion services for a hefty commission.
•He is accused of falsely recording gold sales and playing a pivotal role in the conspiracy.

Read Full Article on News18 in English

✦

More like this

✦

More like this

ప్రతీకాత్మక చిత్రం

Hyderabad Bank Fraud: Employees Embezzle Rs 70 Crore from Unity Small Finance Bank

IDFC First Bank Hit by Oldest Fraud: Rs 590 Cr Lost, Shares Plunge 20%

IDFC First Bank Hit by Oldest Fraud: Rs 590 Cr Lost, Shares Plunge 20%

Representational image (Image: News18)

DGGI busts Rs 593 crore fake invoice fraud, mastermind arrested in Bengaluru

Representational image (Image: News18)

ED arrests 2 CAs in Rs 641 Cr cyber fraud; one assaulted officials during raid

Representational image (Image: News18)

ED attaches Rs 441-cr assets in Andhra liquor 'scam' case

Representational image (Image: News18)

UP STF arrests man in Rs 15,000-crore GST scam from Haryana